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7h agoIndia’s Solex Energy to invest $1.5 billion in solar manufacturing, eyes U.S. exports
Solex Energy Ltd announced a plan to invest US$1.5 billion over the next five years to expand solar‐module manufacturing capacity in India and focus on exports to the U.S. The company currently runs a 4 GW module plant in Gujarat and intends to scale to 10 GW, plus add 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It will fund the expansion via staged raises and partner with Germany’s ISC Konstanz for R&D, aiming to build a fully non-Chinese supply chain amid rising tariffs.
growth
7h agoIndia’s Solex Energy to invest $1.5 billion in solar manufacturing, eyes U.S. exports
Solex Energy Ltd announced a plan to invest US$1.5 billion over the next five years to expand solar‐module manufacturing capacity in India and focus on exports to the U.S. The company currently runs a 4 GW module plant in Gujarat and intends to scale to 10 GW, plus add 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It will fund the expansion via staged raises and partner with Germany’s ISC Konstanz for R&D, aiming to build a fully non-Chinese supply chain amid rising tariffs.
growth
India’s Solex Energy to invest $1.5 billion in solar manufacturing, eyes U.S. exports
about 8 hours ago
1 min read
87 words
Solex Energy will invest $1.5 billion to expand solar module manufacturing in India and boost U.S. exports.
Solex Energy Ltd announced a plan to invest US$1.5 billion over the next five years to expand solar‐module manufacturing capacity in India and focus on exports to the U.S. The company currently runs a 4 GW module plant in Gujarat and intends to scale to 10 GW, plus add 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It will fund the expansion via staged raises and partner with Germany’s ISC Konstanz for R&D, aiming to build a fully non-Chinese supply chain amid rising tariffs.
Solex Energy Ltd announced a plan to invest US$1.5 billion over the next five years to expand solar‐module manufacturing capacity in India and focus on exports to the U.S. The company currently runs a 4 GW module plant in Gujarat and intends to scale to 10 GW, plus add 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It will fund the expansion via staged raises and partner with Germany’s ISC Konstanz for R&D, aiming to build a fully non-Chinese supply chain amid rising tariffs.
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startups
India
startups
India
solar manufacturing
investment
exports
Oct 29, 2025 • 20:28 IST